07:53:26 EST Sat 14 Feb 2026
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Deveron completes asset sale, to move to NEX

2026-02-14 02:13 ET - News Release

Mr. David MacMillan reports

DEVERON COMPLETES TRANSACTION TO SELL ITS ASSETS

Further to the press releases of Nov. 3, 2025, Dec. 19, 2025, and Dec. 30, 2025, Deveron Corp. has sold substantially all of its assets in accordance with a share and asset purchase agreement with RRL Ultimate Parent LLC, 1001388516 Ontario Inc. (BidCo), Maple NewCo LLC (the U.S. buyer), Deveron USA LLC, Woods End Laboratories LLC and certain minority vendors.

The company expects that it will be subject to migration to the NEX board of the TSX Venture Exchange following completion of the transaction unless it can demonstrate to the TSX-V that it will meet continued listing requirements within the meaning of such term under applicable TSX-V policies. At this time, the company has not yet acquired or developed any such business, and there can be no assurances that it will be able to do so before its listing is migrated from Tier 2 to NEX or at all.

For additional details on the transaction, please refer to the company's management information circular dated Dec. 1, 2025, filed on the company's SEDAR+ profile.

About Deveron Corp.

Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions, ultimately recommending how to optimize input use.

We seek Safe Harbor.

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